State Bank of India - Company Profile
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State Bank of India (SBI) is a universal bank. It provides a range of retail banking, corporate banking, and treasury services. The bank serves individuals, corporates, and institutional clients. Its major offerings include deposit services, personal and business banking cards, and loans and financing. The bank provides services such as mobile banking, internet banking, ATM services, foreign inward remittance, safe deposit locker, money transfer, mobile wallet, trade finance, international banking, agricultural banking, project export finance, treasury, offshore banking, and cash management services. It operates in Asia, the Middle East, Europe, Africa, and North and South America. SBI is headquartered in Mumbai, Maharashtra, India.
State Bank of India premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Deposits: | NRI Banking | SBI |
Current Accounts | Gold Banking | YONO |
Savings Accounts | Remittance | SBI Unipay |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Financing Agreements | In May, the company awarded an INR1,190 Crore loan to Avaada Energy for a new solar project in Gujarat, India. |
2024 | Contracts/Agreements | In April, the bank entered into a partnership with HCLSoftware to add the HCL Unica platform to empower SBI to improve its customer interaction framework. |
2024 | Contracts/Agreements | In March, the company entered into a partnership with One97 Communications to support its consumer UPI payments. |
Competitor Comparison
Key Parameters | State Bank of India | Axis Bank Ltd | Canara Bank | Bank of Baroda | Punjab National Bank |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Mumbai | Mumbai | Bangalore | Mumbai | New Delhi |
State/Province | Maharashtra | Maharashtra | Karnataka | Maharashtra | Maharashtra |
No. of Employees | 235,858 | 91,898 | 84,978 | 77,244 | 104,118 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Dinesh Kumar Khara | Chairman | Executive Board | 2020 | - |
Ashwini Kumar Tewari | Director, Managing Director-Risk, Compliance & SARG | Executive Board | 2021 | - |
Challa Sreenivasulu Setty | Director; Managing Director - International Banking, Global Markets & Technology | Executive Board | 2023 | - |
Rama Mohan Rao Amara | Deputy Managing Director; Chief Risk Officer | Senior Management | 2023 | - |
Alok Kumar Choudhary | Director; Managing Director - Retail Business & Operations | Executive Board | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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